ISLAMABAD, Sep 19 (APP): The Ministry of Petroleum and Natural Resources is confident that there would be improved supply of natural gas to consumers in the upcoming winter season after import of LNG.
“The gas situation is improving gradually especially after arrival of imported LNG and 84 new oil and gas discoveries. So, this winter, the supply will be better as compared to previous years,” official sources told APP Monday.
They, however, said the government was making all out efforts to keep the gap between demand and supply of gas at the lowest level at peak of the winter season, adding that the load management would also be observed on
Answering a question, they informed that currently uninterrupted gas supply was being made to domestic, commercial, industrial, power, fertilizer and CNG sectors.
Commenting on oil and gas exploration activites, they said the oil and gas exploration companies operating in different parts of the country made 84 discoveries during last three years.
Following which, around 631 million cubic feet per day (mmcfd) gas and 27,359 barrels per day (bpd) Crude Oil production has been added to the system, the sources added.
Replying to a question, they said imported Liquefied Natural Gas (LNG) was playing a major role in meeting the energy needs as regular shipments of the commodity were arriving after Pakistan signed the LNG import agreement with Qatar last year.
The sources said, government had initiated different gas related projects worth Rs 800 billion to steer the country out of energy crisis and “By the grace of Allah Almighty, Pakistan will have surplus power due to effective policies of the present government by 2018.”
They said it was the Pakistan Muslim League Nawaz (PML N)
government that took a bold initiative to import LNG as the past governments could not take any practical step in this regard.
The sources highlighted importance of LNG, saying that it would have great significance in strengthening the national economy even after arrival of gas through Iran Pakistan and Turkmenistan Afghanistan Pakistan India pipeline projects.
With the import of LNG, they said Pakistan that was importing one million tonne fertilizer “now it has 1.5 million tonne surplus fertilizer. All gas based power plants are in running condition, CNG sector is back to its business and industrial sector was getting full supply”.
The Sui Northern Gas Pipelines Limited and Sui Southern Gas
Company Limited would spend Rs 71.043 billion on upgradation of transmission and distribution network across the country during the current fiscal year.